Jackson Symphony Orchestra Association
- Assets
- $7.3m
- Revenue
- $956.7k
- Investments
- $0.0
- Employees
- 6
- Location
- Jackson, MI
- Founding
- 03/1977
- Data as of
- 06/2021
- EIN
- 38-2146747
Organization Overview
Jackson Symphony Orchestra Association is located in Jackson, MI. The organization was established in 1977. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Jackson Symphony Orchestra Association employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jackson Symphony Orchestra Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Jackson Symphony Orchestra Association generated $956.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $739.0k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BE ONE OF THE MOST INNOVATIVE, INSPIRING AND SUCCESSFUL MUSIC ARTS ORGANIZATIONS IN MICHIGAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE PERFORMANCE, LISTENING, AND LEARNING OPPORTUNITIES IN A VARIETY OF VENUES WHICH REACH AND ENRICH THE LIVES OF THE COMMUNITY.
PROVIDE MUSIC EDUCATION OF THE HIGHEST QUALITY TO PERSONS OF ALL AGES IN JACKSON AND THE SURROUNDING COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Aubin Music Director & Executive Di | Officer | 40 | $88,583 |
Laurie Cunningham Treasurer | OfficerTrustee | 1 | $0 |
Shaun Huang Secretary | OfficerTrustee | 0 | $0 |
Douglas Wilcoxson Chairperson | Officer | 0 | $0 |
Victoria Mcferran Board Member | Trustee | 0 | $0 |
Phil Moilanen Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $608,847 |
| Investment income | $83,936 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,493 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $956,669 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $88,584 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $259,570 |
| Pension plan accruals and contributions | $18,888 |
| Other employee benefits | $10,276 |
| Payroll taxes | $23,645 |
| Fees for services: Management | $33,435 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,663 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $44,494 |
| Office expenses | $10,755 |
| Information technology | $11,074 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $195 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,043 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $73,530 |
| Insurance | $14,601 |
| All other expenses | $0 |
| Total functional expenses | $738,957 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $538,173 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,919 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $5,472,884 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,253,295 |
| Accounts payable and accrued expenses | $17,228 |
| Grants payable | $0 |
| Deferred revenue | $24,843 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $42,071 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $7,211,224 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jackson Symphony Orchestra Association has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Myer & Lois Franklin Charitable Tr Jackson, MI PURPOSE: GENERAL FUND | $2,000 |
Endowment Analysis
| Beg. Balance | $2,760,509 |
| Earnings | $1,204,656 |
| Admin Expense | $27,171 |
| Ending Balance | $3,937,994 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Musical Arts Association Cleveland, OH | $284,635,926 | $54,210,898 |
Cincinnati Symphony Orchestra Cincinnati, OH | $298,354,425 | $55,153,223 |
Detroit Symphony Orchestra Hall Inc Detroit, MI | $97,503,520 | $29,874,628 |
Milwaukee Symphony Orchestra Inc Milwaukee, WI | $122,941,209 | $33,243,126 |
Grand Rapids Symphony Society Grand Rapids, MI | $6,657,585 | $10,068,479 |
Indiana Symphony Society Inc Indianapolis, IN | $13,063,766 | $26,550,940 |
Columbus Symphony Orchestra Inc Columbus, OH | $23,849,025 | $7,378,126 |
Fort Wayne Philharmonic Orchestra Inc Fort Wayne, IN | $27,926,694 | $5,947,084 |
Dayton Performing Arts Alliance Dayton, OH | $10,536,333 | $6,130,805 |
Kalamazoo Symphony Orchestra Kalamazoo, MI | $22,806,442 | $2,938,902 |
Madison Symphony Orchestra Inc Madison, WI | $6,807,074 | $3,792,114 |
Milwaukee Youth Symphony Orchestra Inc Milwaukee, WI | $9,958,210 | $2,491,222 |